Londinia Opportunities Analyses - 08/07/2022 (GMT) INSURACE (X100000) - INSUR/ETH - 1H
| Type: | Cryptocurrencies |
| Ticker: | INSURETH |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 7.40 ETH
My targets
7.90 ETH (+3.95%)
8.50 ETH (+11.84%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on INSURACE (X100000) - INSUR/ETH as long as the price remains well above 7.40 ETH. The buyers' bullish objective is set at 7.90 ETH. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 8.50 ETH. If there is any crossing, the next objective would be the resistance located at 14.47 ETH. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.9
Analysis too old. There are no more charts available.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
Additional analysis
Quotes
INSURACE (X100000) - INSUR/ETH rating 7.60 ETH. On the day, this instrument gained +0.00% and was between 7.50 ETH and 7.60 ETH. This implies that the price is at +1.33% from its lowest and at 0% from its highest.7.50
7.60
7.60
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of INSURACE (X100000) - INSUR/ETH indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.90 | 7.20 | 7.40 | 7.60 | 7.90 | 8.50 | 14.47 |
| Change (%) | -9.21% | -5.26% | -2.63% | - | +3.95% | +11.84% | +90.39% |
| Change | -0.70 | -0.40 | -0.20 | - | +0.30 | +0.90 | +6.87 |
| Level | Minor | Major | Minor | - | Minor | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.77 | 6.33 | 6.97 | 7.53 | 8.17 | 8.73 | 9.37 |
| Camarilla | 7.27 | 7.38 | 7.49 | 7.60 | 7.71 | 7.82 | 7.93 |
| Woodie | 5.80 | 6.35 | 7.00 | 7.55 | 8.20 | 8.75 | 9.40 |
| Fibonacci | 6.33 | 6.79 | 7.08 | 7.53 | 7.99 | 8.28 | 8.73 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.27 | 5.93 | 6.77 | 7.43 | 8.27 | 8.93 | 9.77 |
| Camarilla | 7.19 | 7.33 | 7.46 | 7.60 | 7.74 | 7.88 | 8.01 |
| Woodie | 5.35 | 5.98 | 6.85 | 7.48 | 8.35 | 8.98 | 9.85 |
| Fibonacci | 5.93 | 6.51 | 6.86 | 7.43 | 8.01 | 8.36 | 8.93 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -110.80 | -52.10 | -22.60 | 36.10 | 65.60 | 124.30 | 153.80 |
| Camarilla | -17.36 | -9.27 | -1.19 | 6.90 | 14.99 | 23.07 | 31.16 |
| Woodie | -125.40 | -59.40 | -37.20 | 28.80 | 51.00 | 117.00 | 139.20 |
| Fibonacci | -52.10 | -18.41 | 2.41 | 36.10 | 69.79 | 90.61 | 124.30 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 57.13 | |
| MACD (12,26,9): | 0.0900 | |
| Directional Movement: | 34.59 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 7.39 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.13 | |
| Elder Ray (13): | 0.07 | |
| Super Trend (3,10): | 7.61 | |
| Zig ZAG (10): | 7.40 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 42.12 | |
| TEMA (21): | 7.52 | |
| Williams %R (14): | -60.00 | |
| Chande Momentum Oscillator (20): | 0.00 | |
| Repulse (5,40,3): | -0.6500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1600 | |
| Courbe Coppock: | 9.17 |
| MA7: | 7.19 | |
| MA20: | 7.80 | |
| MA50: | 9.90 | |
| MA100: | 12.22 | |
| MAexp7: | 7.45 | |
| MAexp20: | 7.29 | |
| MAexp50: | 7.18 | |
| MAexp100: | 7.13 | |
| Price / MA7: | +5.70% | |
| Price / MA20: | -2.56% | |
| Price / MA50: | -23.23% | |
| Price / MA100: | -37.81% | |
| Price / MAexp7: | +2.01% | |
| Price / MAexp20: | +4.25% | |
| Price / MAexp50: | +5.85% | |
| Price / MAexp100: | +6.59% |
Quotes :
-
Real time data
-
Cryptocompare